AOA Trade Summary
Trade Summary: July 31, 2017
July 31, 2017 Trade Rationale This is going to be a quick trade today. I like the retailers. Wal-Mart has been doing some great things to compete with Amazon… And Target has had its problems, but continues to battle. Options are cheap in both situations… Grab some call options and profit as these stock […]
Trade Summary: July 17, 2017
July 17, 2017 Trade Rationale Alright, the summer is in full swing. Just last week I took a few days off and spent some time at the cabin to disconnect, and think. Right now, the summer is hot… but the economy is getting hotter. The amount of construction, building, and growth we are seeing […]
Trade Summary: July 3, 2017
July 3, 2017 Trade Rationale I want to wish everyone a happy 4th of July! Today was a half day in the market… they take a lot of holidays on Wall Street, don’t they! Market are closed now… and are closed tomorrow too, so look to make this trade early Wednesday morning. Right now, […]
Trade Summary: June 12, 2017
June 12, 2017 Trade Rationale Summer is here! I don’t know if it’s the 110 degree heat in the desert, or the number of people heading to the lake… I’ve just got that summer feeling. And I’ve been looking at a bunch of summer stocks… like cruise lines. Believe it or not, both the […]
Trade Summary: May 30, 2017
May 30, 2017 Trade Rationale OK… it happened. Last week the Dow trekked above the 21,000 mark… and held its ground. It might be the early stages of a breakout… or it could be a big head fake. I don’t want to wait and miss a move. So, since this is a tiny […]
Trade Summary: May 15, 2017
May 15, 2017 Trade Rationale The markets are doing much of the same… We were up… we were down… and now for the month of May, we are up again. Start of a rally? I’ve got no idea… I think we might be in a holding pattern for a few weeks here as the […]
Trade Summary: May 1, 2017
May 1, 2017 Trade Rationale We had a bump in the markets last week. Then after a quick rally, we started sliding again. If you look at a chart over the last two months, the market has been down as much as 3.25%… and right now, we’re down just over 0.75%. It’s not a […]
Trade Summary: April 17, 2017
April 17, 2017 Trade Rationale We’re six weeks into the market slide… and I don’t see it stopping. Soon, we’ll be running into the “Sell in May” trade that many market timers live by. We could see market softness well into the summer… As you know, the consumer products will take a hit first, […]
Trade Summary: April 3, 2017
April 3, 2017 Trade Rationale We mentioned in our last update the Trump rally had stalled. Well, it’s official… it’s over. In March, the markets closed lower, bringing to an end an amazing four month rally that had the markets setting new highs. Is that the end of it? Probably not. Look, the markets […]
Trade Summary: March 20, 2017
March 20, 2017 Trade Rationale The markets have taken a pause in their rapid rise to a new level. A few weeks in and we’re holding well above the 20,000 mark on the Dow. I see this stabilization and base forming as a big positive. We’re setting up for another move… This time, I […]
Trade Summary: March 6, 2017
March 6, 2017 Trade Rationale Once again, the markets continue trending higher… I feel like a broken record! Don’t fight this trend. The bank stocks have been very strong. Let’s take a position here, and run with the trend. What stocks do we want? Let’s look for the biggest and strongest stocks out […]
Trade Summary: February 21, 2017
February 21, 2017 Trade Rationale The markets continue trending higher… and the Trump rally continues. We’re holding well over 20,000 on the Dow Jones Industrial Average… and commodities are strong too. Now this is an interesting set up in the market. The US Dollar is showing strength, climbing almost 6% in the last few […]
Trade Summary: February 6, 2017
February 6, 2017 Trade Rationale In the last few weeks, we’ve seen a number of big events transpire… we welcomed a new president to the White House… crossed above 20,000 on the Dow… then fell below the 20,000 mark… and now we’re back above 20,000! Economic data continues to look strong… and the recent […]
Trade Summary: January 23, 2017
January 23, 2017 Trade Rationale This week, all eyes have been on Washington with the inauguration. We still haven’t crossed 20K on the Dow, but the news organizations are keeping a close watch on the markets! Economic data continues to look strong… corporate profits are strong (with more expected over the next few weeks… […]
Trade Summary: January 9, 2017
January 9, 2017 Trade Rationale We’re off to the races this new year. The news of the week… Dow 20,000 Watch. Every tick higher makes a new headline. Every dip back makes haters call for the fall. Look, Dow 20K is a big deal. It’s a big psychological point. Once we break through it… […]
Trade Summary: December 12, 2016
December 12, 2016 Trade Rationale This week we’re looking at something new. As I look to the new year, I see a few watershed events… the changing of the calendar, the inauguration of a new president… and the end of the fourth fiscal quarter for businesses. What I did was look at the top […]
Trade Summary: November 28, 2016
November 28, 2016 Trade Rationale The housing market is taking off… and I expect the number of homebuyers to climb into the new year. Everyone’s going to be setting new year’s resolutions… and many new families and millennials will be looking to buy their first home. It’s a natural time of the year and […]
Trade Summary: November 14, 2016
November 14, 2016 Trade Rationale Wow, what a ride it’s been in the markets over the last week. The surprise election results sent us on a huge rollercoaster ride. In this case, I’m thinking about the big winners over the next few months, given Trump’s political leaning… There are a bunch of areas that […]
Trade Summary: October 31, 2016
October 31, 2016 Trade Rationale This week I’ve been looking at oil prices and I think this entire market has stabilized and is poised to move higher. After reaching below $30 earlier in the year, we’ve spent the last few months trading between $40 and $50. With increasing global economic activity and stable prices, […]
Trade Summary: October 18, 2016
October 18, 2016 Trade Rationale The search for yield is an ongoing process, or at least it has been since interest rates hit rock bottom. Most fixed income products, such as bonds, just aren’t paying a high enough yield to satisfy the needs of most investors. CDs are even worse. The low yield of […]
Trade Summary: October 3, 2016
October 3, 2016 Trade Rationale The US election is a month away, which of course is going to dominate the news for all of October and beyond. Like most major events, there are also trading opportunities that can be found due to the election. Rather than try to pick a winner, which carries risks, […]
Trade Summary: September 19, 2016
September 19, 2016 Trade Rationale The biggest risk for stock investors these days is interest rate risk. Higher interest rates could lead to a selloff in stocks, depending on the magnitude and frequency of the rate hikes. Basically, anything but the most conservative increase in rates could lead to investors quickly heading for the […]
Trade Summary: September 6, 2016
September 6, 2016 Trade Rationale With September finally here, we can start to expect a little more action in the markets. While there’s never any guarantees when it comes to stocks, September has always been the most volatile month from a historical perspective. As such, picking the right trades becomes even more crucial. This […]
Trade Summary: August 22, 2016
August 22, 2016 Trade Rationale Stocks are hitting new highs, but the overall market action has been pretty tepid. Investors are stuck in wait and see mode while they wait for vacations to end and typical Fall activity to pick up. Still, there are always stock picking opportunities in this environment if you look […]
Trade Summary: August 8, 2016
August 8, 2016 Trade Rationale August has been very quiet so far, which isn’t unusual for this time of year. Stocks are sitting at all-time highs, which is good news for bulls, but day to day action is definitely on the slow side. There isn’t much in the way of momentum plays right now. […]
Trade Summary: July 25, 2016
July 25, 2016 Trade Rationale Major equity indexes are hitting new highs, but that doesn’t mean all sectors or industries are overbought. In fact, basic materials are still trailing behind the overall market (with the exception of precious metals). There is an opportunity to scoop up some undervalued names in this sector. Our strategy […]
Trade Summary: July 11, 2016
July 11, 2016 Trade Rationale So the turmoil from Brexit left the markets about as quickly as it showed up… at least in stocks. US stocks are basically acting like nothing has happened, with the S&P 500 just reaching new highs. On the other hand, interest rates were definitely impacted by the uncertainty in […]
Trade Summary: June 27, 2016
June 27, 2016 Trade Rationale Well unless you’ve been living in a cave this past week, then you know the big news these days is Brexit and its impact on the financial markets. Not only did the UK vote to leave the EU come as a pretty huge surprise, but the markets also have […]
Trade Summary: June 6, 2016
June 6, 2016 Trade Rationale The overall market still appears to be somewhat directionless, but at least there’s been a bullish undertone lately. It’s always easier to trade (and make money) in a bull market. It’s not that you can’t make money in a bear market, but it’s harder to compete with fear than […]
Trade Summary: May 23, 2016
May 23, 2016 Trade Rationale Earnings season is pretty much done and the market is looking like it’s ready to take the summer off. Now, we’re more than likely to get some action over the summer at some point. But right now, I wouldn’t be surprised to see a whole lot of sideways action. […]
Trade Summary: May 9, 2016
May 9, 2016 Trade Rationale The general direction of the stock market has been more sideways than up this year, but I guess we can still call this a bull market. I mean, we’re not in a bear market, right? Anyhow, stocks aren’t just going up in unison. It’s definitely taking a more hands […]
Trade Summary: April 25, 2016
April 25, 2016 Trade Rationale The market has stabilized and we’ve been experiencing neutral to slightly bullish action for the past several days/weeks. However, technology has been lagging behind the rest of the market somewhat, especially if you remove some of the biggest names from the equation. I believe we’re going to see some […]
Trade Summary: April 11, 2016
April 11, 2016 Trade Rationale It’s earnings season starting today, so time for the action to pick up in the stock market. At least we hope… it’s been pretty boring lately, which also means less opportunity when you’re buying options. However, quarterly earnings releases tend to help alleviate the lack of movement. Right out […]
Trade Summary: March 28, 2016
March 28, 2016 Trade Rationale The financial markets have definitely quieted down over the past few weeks, which isn’t a bad thing considering how volatile the first month and a half of the year was. It’s been more of a stock picker’s market lately, and good themes can make all the difference in your […]
Trade Summary: March 14, 2016
March 14, 2016 Trade Rationale We’re kind of at an interesting spot here with no obvious signal on market direction. We’ve made up almost all the lost ground from earlier this year. And, we’re back to the point where the market was mostly moving sideways for much of last year. Can we expect more […]
Trade Summary: February 29, 2016
February 29, 2016 Trade Rationale With the market calming down, we can start focusing on themes other than safety and value. We can turn our attention from directional strategies and delve into more specific, market independent themes. This week, I want to look at the energy sector. More specifically, I want to take a […]
Trade Summary: February 16, 2016
February 16, 2016 Trade Rationale Friday put a halt to the slide in the equities markets, but there’s still plenty of damage that’s been done. The S&P 500 is down 7% on the year which is bad enough, but the Nasdaq 100 is even worse off, down 11%. Crude oil still takes the cake […]
Trade Summary: February 1, 2016
February 1, 2016 Trade Rationale The equity markets have stabilized to some extent, but the energy markets are still in flux. Crude oil is down 17% for the year despite already sitting at multi-year lows. Natural gas is also down 9% year-to-date, further muddying the picture for fossil fuels. You may think cheap oil […]
Trade Summary: January 19, 2016
January 19, 2016 Trade Rationale Well, suffice it to say that things haven’t improved since our first trades of the year two weeks ago. In fact, the S&P 500 is down 8% already on the year. And, it’s the worst opening to a year in history. Pretty ominous, right? Believe it or not, I’m […]
Trade Summary: January 4, 2016
January 4, 2016 Trade Rationale Happy New Year! Hope you all had a nice, relaxing holiday, because we’re getting 2016 started off with a bang. As I write this, the S&P 500 is down over 2% to start the year. The selling is coming after a huge drop in Chinese stocks overnight. Basically, it’s […]
Trade Summary: December 7, 2015
December 7, 2015 Trade Rationale It’s December already! Yes, it came as a surprise to me as well. I’m really not sure where most of this year went. Nevertheless, 2016 is almost upon us. So, it’s time to look to next year for our next trade theme. Actually, this should be plenty straightforward. I’m […]
Trade Summary: November 23, 2015
November 23, 2015 Trade Rationale One of the interesting things about this year has been the lack of breadth in stock gains. That is, gains in US stocks are not wide ranged, but rather concentrated in a few big names. In some cases, certain sectors have missed the gains entirely (such as energy). I […]
Trade Summary: November 9, 2015
November 9, 2015 Trade Rationale It’s less than three weeks until Thanksgiving hits, so you know what that means… time for holiday shopping. For many, the period from Thanksgiving until the start of Christmas marks the prime shopping period for holiday gifts and other purchases. At least part of the popularity of the period […]
Trade Summary: October 26, 2015
October 26, 2015 Trade Rationale The tech sector got a huge boost last week due to great earnings from several key players. The Nasdaq 100 index actually gapped higher at one point last week, something you don’t see an index do all that often. The tech benchmark is now up nearly 10% for the […]
Trade Summary: October 12, 2015
October 12, 2015 Trade Rationale Well, US stocks have finally regained some bullish momentum. It’s the first extended uptrend we’ve seen since the August selloff. The S&P 500 is now almost back to even on the year. It doesn’t sound like much, but that’s a 5.5% gain over the last month. More importantly, the […]
Trade Summary: September 28, 2015
September 28, 2015 Trade Rationale The market can’t seem to shake this downturn. Volatility remains elevated and many stocks are taking a beating. However, is there really all that much to worry about? Yes, interest rates are likely to increase this year. Yes, emerging markets are a mess. But should the S&P 500 really […]
Trade Summary: September 8, 2015
September 8, 2015 Trade Rationale With the market being closed for Labor Day, I’m released our new trades today. And for something of a change, we’re actually starting the week with the major stock indices up about 2%. Not a bad way to start things off on this short week. Just a quick administrative […]
Trade Summary: August 24, 2015
August 24, 2015 Trade Rationale Well, it’s certainly an interesting time to put on a new set of trades. The market has basically entered correction territory, with the S&P 500 down 10% in a week. Volatility has vaulted to crazy levels as well. We’re dealing with a major dose of overselling, but it will […]
Trade Summary: August 10, 2015
August 10, 2015 Trade Rationale The S&P 500 has been range bound for the last six months. It’s the very definition of sideways trading. We haven’t seen a prolonged period of trading like this in quite some time. As I’ve written before, we call this a stock picker’s market. We’ve done a couple themes […]
Trade Summary: July 27, 2015
July 27, 2015 Trade Rationale There’s clearly been a lot more going on in the financial markets this summer than what we’re used to seeing during the hot months. Volatility has been higher than normal based mostly on events in Europe (regarding Greece) and China (regarding the stock market selloff). With so much going […]
Trade Summary: July 13, 2015
July 13, 2015 Trade Rationale Well it’s certainly been an interesting period since our last trade. During the last few weeks, we’ve seen a fair share of volatility. The broad market has sold off sharply and then regained ground. The headlines are coming in fast and furious. Basically, the negotiations for a Greek bailout […]
Trade Summary: June 23, 2015
June 23, 2015 Trade Rationale Stocks have settled down since our last trade and are back doing their sideways dance. With over half the year completed, it’s beginning to look like we’re in for a relatively flat year overall for equities. As I’ve said before, it essentially makes it a stock picker’s market. With […]
Trade Summary: June 8, 2015
June 8, 2015 Trade Rationale For the first time in what seems like months, the equities market is seeing some down days. It’s not like the selling has been extreme, but there definitely have been more negative days than what’s usual. Of course, we’re still within 3% of record highs in the major indices, […]
Trade Summary: May 26, 2015
May 26, 2015 Trade Rationale With the markets closed yesterday for Memorial Day, we pushed the latest trade summary to today. The thing about Memorial Day, it often reminds us that the summer season has truly arrived. Personally, I associate summer with hot, sunny days. And, I associate sunny days with solar and renewable […]
Trade Summary: May 11, 2015
May 11, 2015 Trade Rationale Hard to believe but we’re already in mid-May… summer’s almost here! Not sure what happened to the spring, but hard to ignore the rising temperatures. More importantly, it’s also hard to ignore the fact that kids are going to be out of school in about two weeks! So with […]
Trade Summary: April 27, 2015
April 27, 2015 Trade Rationale For our last trade thesis two weeks ago, we went with the idea that it’s a stock picker’s market. That is, relying on overall market/sector moves isn’t going to really get you anywhere. Instead, we have to focus on micro scenarios for individual stocks. The last time out, we […]
Trade Summary: April 13, 2015
April 13, 2015 Trade Rationale Volatility has drained out of the equity markets over the past month or so. We may get some action in the coming weeks as earnings season has kicked off. At the moment though, the stock market is locked into a sideways trading range. That can be a challenging period […]
Trade Summary: March 30, 2015
March 30, 2015 Trade Rationale The US economy continues to improve. While we may not have experienced a fast recovery, at the very least, we’re recovering. No where can this be seen more predominantly than in the job market. While many other economic indicators have shown mixed results over the past several months, the […]
Trade Summary: March 16, 2015
March 16, 2015 Trade Rationale Although there’s been plenty of economic and geopolitical news to follow in the month of March, one of the most watched events so far has been the launch of the Apple Watch. Apple (AAPL) made a splash with a worldwide broadcast of its watch-launching conference. Of course, there are […]
Trade Summary: March 2, 2015
March 2, 2015 Trade Rationale Today, for the first time since 2000, the NASDAQ crossed the 5,000 mark. If you think about it, that’s quite an achievement. On one hand, it’s always nice to see stocks reach new highs. On the other hand, it took 15 years to reach the market levels of the […]
Trade Summary: February 17, 2015
February 17, 2015 Trade Rationale Much of the focus on the US financial markets in 2015 is on interest rates. Is this going to be the year the Fed raises rates? If so, by how much? First off, there’s no easy answer. Very smart people across the investments world disagree on this subject. Some […]
Trade Summary: February 2, 2015
February 2, 2015 Trade Rationale Most of the focus on the commodities market so far this year has been on crude oil – and rightfully so. But it isn’t just the energy markets taking it on the chin. The vast majority of the raw materials sector is underperforming. And of the major commodities, only […]
Trade Summary: January 20, 2015
January 20, 2015 Trade Rationale Okay, we’re over two weeks into 2015, so it’s time to look at some areas of the market which should “mean revert” in the coming months. By “mean revert” I’m talking about moving towards historical norms. Basically, we’re always going to have over-performing and underperforming sectors. But over time, […]
Trade Summary: January 5, 2015
January 5, 2015 Trade Rationale Welcome to 2015! It’s a brand new year with all new opportunities to make money trading options. The market has decided to greet us today with a nice, little selloff. That’s actually good news since our theme for today involves buying three call options. In other words, we’ll get […]
Trade Summary: December 15, 2014
December 15, 2014 Trade Rationale Lately our themes have focused on oil and the related impact of the plunging price of crude. The thing is, as long as the price of oil keeps crashing, more and more opportunities arise. I jumped the gun with a long oil theme several weeks back, but I believe […]
Trade Summary: December 1, 2014
December 1, 2014 Trade Rationale I’ve written in the recent past about the plunging price of crude oil. We’ve had one major theme based on oil’s decline, and another theme where the falling price of oil was involved in the reasoning. Nevertheless, oil is once again front and center in this week’s trading theme. […]
Trade Summary: November 17, 2014
November 17, 2014 Trade Rationale As families across the US are busy stocking up on turkey, stuffing, and cranberries ahead of next week’s Thanksgiving holiday, the weather has officially turned cold. In most of the US, the extended summer temperatures have finally given away to the typical frigid norms. Given how unseasonably warm the […]
Trade Summary: November 3, 2014
November 3, 2014 Trade Rationale It’s that time again! Believe it or not, we’ve officially entered “holiday season” once again. It’s November and Halloween has come and gone. That means the retail world will be shifting their marketing campaigns into overdrive in anticipation of the holiday shopping season. Today’s theme will attempt to capitalize […]
Trade Summary: October 20, 2014
October 20, 2014 Trade Rationale This week’s trade theme is really about as straightforward as a theme can be. It’s all about safety. Clearly, volatility has returned to the equity markets. And while the worst of it may be over, it’s not too late to prepare for another steep move down. That’s not to […]
Trade Summary: October 6, 2014
October 6, 2014 Trade Rationale One of the more interesting developments in US equities this year is the selloff of the energy sector. Energy Select Sector SPDR ETF (XLE), which is typically considered the most popular energy sector ETF, is down 8% over the last month and 11% over the last quarter. But XLE […]
Trade Summary: September 22, 2014
September 22, 2014 Trade Rationale One of the recent developments over the last few trading periods has been investors’ exit from Internet and Social Media stocks. Several names across the industry have lost ground to more traditional names and industries. Some believe it could be due to the highly successful IPO of Alibaba (BABA), […]
Trade Summary: September 8, 2014
September 8, 2014 Trade Rationale One of the biggest retail events in the world happens tomorrow with the unveiling of Apple’s (AAPL) new products. Traditionally, Apple releases new iPhones, iPads, and other products in the Fall, ahead of the holiday season. This year, the largest retailer in the world could be launching three brand […]
Trade Summary: August 25, 2014
August 25, 2014 Trade Rationale With all the political and economic turmoil making headlines across the globe, it’s a bit easy to miss less newsworthy items. For example, did you realize that commodities were having yet another down year? It doesn’t seem that long ago when buying commodities of just about any variety was […]
Trade Summary: August 11, 2014
August 11, 2014 Trade Rationale With an uptick in volatility recently, it may have become easy for investors to forget some of the big picture themes across the market. Yes, international conflict and war certainly does grab headlines. However, environmental and energy problems are much bigger issues over time than any military conflict in […]
Trade Summary: July 28, 2014
July 28, 2014 Trade Rationale Ever since the Fed singled out certain sectors of the market as being overvalued, the financial media has been talking about bubbles nearly non-stop. Perhaps social media, biotechs, and small cap stocks were in danger of becoming bubbles (the sectors pointed out by the Fed). However, that doesn’t mean […]
Trade Summary: July 14, 2014
July 14, 2014 Trade Rationale Let me start by saying this: I don’t believe we’re due for a market correction anytime soon. Despite the very long bull market and the record highs in equities, I’m just not that worried about a major selloff. Sure, we’ll see some downside at some point. But, I don’t […]
Trade Summary: June 30, 2014
June 30, 2014 Trade Rationale With the attention precious metals and oil have been garnering recently, it’s easy to forget about the other major commodities. In fact, agricultural commodities never seem to get all that much press. However, there was a game-changer today in the grains market and we’re going to try to capitalize […]
Trade Summary: June 16, 2014
June 16, 2014 Trade Rationale Today’s theme is all about turnarounds. You see, we’ve been dealing with a lot of sideways action in the financial markets for the last several weeks. And, slowly but surely, I believe some major trends are going to start to shift. On the surface, it doesn’t look like much […]
Trade Summary: June 2, 2014
June 2, 2014 Trade Rationale The big news today, at least in terms of long-term impact, is Obama’s plan to reduce carbon emissions. His proposal will result in a 30% average emissions reduction for US power plants. Clearly, this is a very big deal to the energy industry. Of course, there is plenty of […]
Trade Summary: May 19, 2014
May 19, 2014 Trade Rationale The financial headlines have unsurprisingly been focused on stocks and bonds these past few weeks. Yes, that’s par for the course – especially with the very apparent rotation into safer companies, income stocks, and bonds. Not to mention bond prices are on the upswing again as 10-year Treasury yields […]
Trade Summary: May 5, 2014
May 5, 2014 Trade Rationale There’s plenty being said about the shift into safer assets, which we’ve been seeing lately. Investors are exiting stocks with high earnings multiples (or no earnings) and heading for the greener pastures of equities stalwarts. This can be seen in the performance of traditional safe-haven investments such as bonds […]
Trade Summary: April 21, 2014
April 21, 2014 Trade Rationale We’re in the heart of earnings season, so that means there should be plenty of opportunities for options traders. You see, earnings season tends to bring with it lots of big moves within individual equities. That’s because there are always plenty of earnings surprises. Every quarter, analysts project expected […]
Trade Summary: April 7, 2014
April 7, 2014 Trade Rationale If you’ve been following the financial news lately, you’ve likely seen the news about sector rotation in US equities. The word is, investors are dumping Internet stocks and biotechs and heading for safer territory. Momentum stocks from 2013 are no longer en vogue. Instead, investors are looking for real […]
Trade Summary: March 24, 2014
March 24, 2014 Trade Rationale Up until recently, some of the biggest winners this year in US equities came from the Internet group. Investors have held a fascination with Internet stock since the dot com bubble at the turn of the century. There’s just so much allure with the immense growth prospects of anything […]
Trade Summary: March 10, 2014
March 10, 2014 Trade Rationale The biggest news over the past few weeks has been the developing crisis between Ukraine and Russia. The situation is consistently making the headlines and certainly has the potential to roil the financial markets. In fact, when the world first learned of Russian troops entering Ukraine, the stock market […]
Trade Summary: February 24, 2014
February 24, 2014 Trade Rationale The impact of the harshest winter in a generation in the US is far reaching. We already have seen how the awful weather conditions have skewed economic data. For instance, retail sales and home construction took a major hit over the past several weeks as people have been reluctant […]
Trade Summary: February 10, 2014
February 10, 2014 Trade Rationale We’re seeing something in the financial markets this year that we had almost no experience with in 2013… volatility. Unlike most of last year, investors are actually getting spooked by stocks these days. In fact, the CBOE S&P 500 Volatility Index (VIX), the most well-known measure of market volatility, […]
